breakage

(noun)

Something that has been broken.

Related Terms

Examples of breakage in the following topics:

  • Perpetual vs. Periodic Counting

    • Perpetual inventory systems can still be vulnerable to errors due to overstatements (phantom inventory) or understatements (missing inventory) that occurs as a result of theft, breakage, scanning errors, or untracked inventory movements.

  • Impact of Measurement Error

    • Overstatements and understatements can occur as a result of theft, breakage, scanning errors or untracked inventory movements.